Brief: Luxey International (Holdings)'s Unit Signs MoU With Guangzhou Avlight Wisdom Technology
29/01/2018 11:27
Jan 29 (Reuters) - Luxey International (Holdings) Ltd
8041.HK :
* LUXEY INTERNATIONAL SIGNS MOU WITH GUANGZHOU AVLIGHT
WISDOM
TECHNOLOGY CO REGARDING INVESTMENT IN AVLIGHT BY LUXEY HONG
KONG
* PROPOSED TRANSACTION AMOUNT IN RELATION TO 100% EQUITY
INTEREST
IN AVLIGHT IS ABOUT RMB300 MILLION
* LUXEY HONG KONG PRELIMINARILY PROPOSES TO INVEST NOT LESS
THAN
10% EQUITY INTEREST IN AVLIGHT
Source text for Eikon: urn:newsml:reuters.com:*:nHKS5hPQyn
Further company coverage: 8041.HK
(bangalore.newsroom@thomsonreuters.com)
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